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> All this to say, the first thing to go is the credit card payments, then the car payments, and finally the mortgage payments. I do wonder how much of these c
by ethagnawl 2y ago
> All this to say, the first thing to go is the credit card payments, then the car payments, and finally the mortgage payments.
I do wonder how much of these credit card balances are people paying ~$3.50 per gallon to fill up and kit out SUVs and trucks they're paying ~$700 a month for.
As someone who strives to spend/save responsibly and drives wholly owned used cars and is still a few paychecks away from disaster, I do not understand how working/middle class people are keeping up with these costs. I notice our local Chevy dealership is also full to the brim (literally covering all of the grass on their lot) with new trucks and SUVs. I would love to better understand who is buying/leasing those vehicles and how they're keeping them on the road -- for now.
- deleted 2y ago[deleted]